Business Today: U.S. jobless claims up modestly, labor market trend improving

		Click to View in Browser 01/23/2014 U.S. jobless claims up modestly, labor market trend improving WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits rose marginally last week, but the underlying trend suggested the labor market continued to steadily improve. Lenovo to buy IBM's low-end server business in China's biggest tech M&A BEIJING (Reuters) - Lenovo Group Ltd has agreed to buy IBM Corp's low-end server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal. McDonald's sales miss as fewer customers visit its restaurants (Reuters) - McDonald's Corp reported weaker-than-expected quarterly revenue as fewer customers ate at its restaurants, partly due to severe winter weather in the United States. JPMorgan CEO Dimon says government cases were 'unfair' (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Thursday that government legal cases, including those over mortgage securities the company settled for more than $13 billion, were "unfair". Lockheed earnings, sales lower-than-expected on special charges WASHINGTON (Reuters) - Top U.S. weapons maker Lockheed Martin Corp reported lower-than-expected earnings on Thursday after charges linked to U.S. defense budget cuts and workforce reductions, but said it expected higher earnings this year. United Continental fourth-quarter profit, revenue top estimates CHICAGO (Reuters) - United Continental Holdings Inc on Thursday reported a quarterly profit that easily topped Wall Street expectations, helped by an increase in passenger travel, higher ticket prices and lower fuel costs. Stock futures fall with earnings, data on tap NEW YORK (Reuters) - Stock futures fell on Thursday, ahead of data on the labor and housing markets, along with the latest round of corporate earnings results. Tesla unveils pricing strategy for China BEIJING (Reuters) - U.S. battery carmaker Tesla Motors Inc has unveiled what it describes as a "competitive" pricing strategy for China aimed at kick-starting sales in the world's biggest auto market, where demand for luxury cars has been booming. Euro zone business starts 2014 on a high, China falters LONDON (Reuters) - The global economy started 2014 on a disjointed note with the euro zone's private sector in better shape than expected and China's vast manufacturing industry contracting for the first time in six months. South African strike hits world's top platinum producers MARIKANA, South Africa (Reuters) - South African mines producing half the world's platinum shut down on Thursday as the sector's main union began a strike for hefty wage hikes their employers say they cannot pay. Related Video Breakingviews: easyJet's sky-high valuation Davos 2014: Mega merger won't scare off clients - Publicis Economic News U.S. jobless claims up modestly, labor market trend improving U.S.'s Lew sees faster growth helping government finances A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend